Dekel Agri-Vision - Director Dealings, Issue of Equity and TVR

Dekel Agri-Vision

13/05/2026 07:00

RNS Number : 1362E

Dekel Agri-Vision PLC

13 May 2026

 

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

 

13 May 2026

 

Dekel Agri-Vision Plc / Index: AIM / Epic: DKL / Sector: Food Producers

 

Dekel Agri-Vision Plc

('Dekel' or the 'Company')

Director Dealings, Issue of Equity and Total Voting Rights

 

Dekel Agri-Vision Plc (AIM: DKL), the West African agriculture company focused on building a portfolio of sustainable and diversified projects, announces that it was notified that on 12 May 2026, Aristide Achybrou, Non-Executive Director of the Company, made the following purchases of ordinary shares of €0.0003367 ("Ordinary Shares") each in the Company from existing Directors of the Company as set out below:

 

Existing Number of Ordinary Shares
Existing % of Issued Share Capital
Number of Shares Purchased / (Sold) at 0.5p
Number of Shares issued in lieu of fees
Resultant Number of Ordinary Shares
Resultant % of Issued Share Capital
Aristide Achybrou
78,369,778
6.5
118,393,255
7,154,547
203,917,580
16.85
Jonathan Johnson-Watts
90,909,090
7.6
(30,909,090)
-
60,000,000
5.0
Yehoshua Shai Kol
68,221,861
5.7
(67,302,347)
-
919,514
0.1
Lincoln Moore
25,391,609
2.1
(18,181,818)
-
7,209,791
0.6
Other (non-PDMR)
N.D.
N.D.
(2,000,000)
N.D.
N.D.
N.D.

 

These transactions have been made as part of a strategy for Mr Achybrou to take a more active role in the future operational and corporate direction of the Company as set out in the announcement dated 12 May 2026.  The Board of Directors is fully supportive of these purchases by Mr Achybrou and will continue work to assess any potential future transactions considered in the best interests of shareholders. The purchase price of the shares at 0.5p reflects a 5.3% premium to the current mid-price of 0.475p at close of business 12 May 2026. 

 

Issue of Equity

In addition, Aristide Achybrou has elected to receive his outstanding directors' fees in the form of ordinary shares, resulting in the issue of 7,154,547 new ordinary shares at an average issue price of 0.78 pence per share (the "Fee Shares"). Following Admission of the Fee Shares and completion of the transactions referred to above, Mr Achybrou will hold a total of 203,917,580 ordinary shares, representing approximately 16.85 per cent. of the Company's enlarged issued share capital. The selling Directors' resulting shareholdings are also set out in the table above.

 

Total Voting Rights

Application will be made to the London Stock Exchange for the admission of the Fee Shares of a total of 7,154,547 ordinary shares of €0.0003367 each ("Ordinary Shares"). It is expected that Admission will become effective on or around 21 May 2026. Following Admission, the Company's issued share capital will consist of 1,210,100,042 Ordinary Shares which may be used by shareholders as the denominator for the calculations by which to determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

The notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulation:

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Aristide Achybrou
2
Reason for the notification
a)
Position/status
Non-Executive Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Dekel Agri-Vision plc
b)
LEI
213800TZMTERFY8P7D14
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification Code
Ordinary Shares of €0.0003367
CY0106502111
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
Purchase of Ordinary Shares
Price(s)
Volume(s)
0.5p
118,393,255
d)
Aggregated information
Price(s)
Volume(s)
0.5p
118,393,255
e)
Date of transaction
12th May 2026
f)
Place of transaction
Off-market transaction

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
1. Jonathan Johnson-Watts
2. Yehoshua Shai Kol
3. Lincoln Moore
2
Reason for the notification
a)
Position/status
1. Non-Executive Chairman
2. Chief Financial Officer
3. Non-Executive Director
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Dekel Agri-Vision plc
b)
LEI
213800TZMTERFY8P7D14
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification Code
Ordinary Shares of €0.0003367
CY0106502111
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Jonathan Johnson-Watts
0.5p
30,909,090
Yehoshua Shai Kol
0.5p
67,302,347
Lincoln Moore
0.5p
18,181,818
d)
Aggregated information
Price(s)
Volume(s)
0.5p
116,393,255
e)
Date of transaction
12th May 2026
f)
Place of transaction
Off-market transaction

 

** ENDS **

               

For further information, please visit the Company's website www.dekelagrivision.com or contact:

 

Dekel Agri-Vision Plc
Youval Rasin
Shai Kol
+44 (0) 207 236 1177
Zeus (Nomad and Joint Broker)
James Joyce
Darshan Patel
John Moran
+44 (0) 203 829 5000
Optiva Securities Limited (Joint Broker)
Christian Dennis
Daniel Ingram
+44 (0) 203 137 1903

 

Notes:

Dekel Agri-Vision Plc is a multi-project, multi-commodity agriculture company focused on West Africa. It has a portfolio of projects in Côte d'Ivoire at various stages of development: a fully operational palm oil project in Ayenouan where fruit produced by local smallholders is processed at the Company's 60,000tpa capacity crude palm oil mill and a cashew processing project in Tiebissou, which has recently shifted into full commercial production. 

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